18900 Stewart Cir #8 Boca Raton, FL 33496
FOR SALE $193,000
Additional Details
- Important Details: --> Vacant at close --> HOA is $975/QTR + $300/QTR ($425/mo total) (55+ community. No rentals first 24 months, covers cable Tv, Maintenance Incl Common Area, Manager, Pool Service, Recreation Facilities, Roof, exterior) --> Great Resale Opportunity
- Features: Flip Opportunity in Boca Raton! This 2/2 home offers 1,227 SQFT and features an attached one-car garage, creating a great value-add opportunity in a desirable Boca Raton community. The property has no structural damage, providing a solid foundation for a straightforward cosmetic renovation. The HOA covers the roof and exterior maintenance, allowing an investor to focus primarily on modernizing the interior while minimizing major exterior renovation expenses. With much of the competing inventory being dated, a fully updated product will stand out against the active market and appeal to buyers looking for a clean, move-in-ready home. With solid specs, a garage, and limited renovation responsibilities, this is a strong flip opportunity with excellent resale potential.
- Potential ARV: $310,000-$320,000
- Rehab Description: This property is primarily a cosmetic renovation opportunity. Recommended improvements include replacing the existing flooring throughout, installing new appliances, and applying fresh interior paint to modernize and brighten the home. Update fixtures and finishes as needed, address any remaining cosmetic or punch-list items, and complete a thorough deep clean to deliver a clean, market-ready product.
- Ideal Investment Strategy: Resale/Rental
- Construction: CBS
- Comp 1: 18881 Jolson Ave # 1 BOCA RATON, FL 33496 2/2 1227 SQFT 1988 Build PENDING @ $279,000 (Same unit/dated)
- Comp 2: 18841 Haywood Ter # 4 BOCA RATON, FL 33496 2/2 1227 SQFT 1987 Build SOLD @ $310,000 7/29/26 (Same unit/dated)
- Comp 3: 18940 Stewart Cir # 2 BOCA RATON, FL 33496 2/2 1227 SQFT 1987 Build SOLD @ $305,000 6/12/26 (Same unit/clean some updates)
- Comp 4: 9095 Flynn Cir # 6 BOCA RATON, FL 33496 2/2 1227 SQFT 1988 Build SOLD @ $312,500 8/13/26 (Same unit/updated)
- Hard Money: Hard Money Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money
